FHLBank Chicago reviews

3.2

48% would recommend to a friend

(167 total reviews)
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Michael Ericson

48% approve of CEO

57% positive business outlook

FHLBank Chicago has an employee rating of 3.2 out of 5 stars, based on 167 company reviews on Glassdoor which indicates that most employees have a good working experience there. The FHLBank Chicago employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

167 reviews
2.0
Oct 8, 2021

Toxic Environment

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Co-Workers, Pension Plan, Bonus, Vacation Time

Cons

FHLBC became a toxic work environment over the last few years. Used to be a great place to work for. The changes they made in HR totally messed things up. No open door policy whatsoever. Can't count on them for anything. Lucky if you can reach anyone. No follow-up. Way too much politics. If you are a butt kisser, you move up and get a great bonus. AVP titles they now give out like crazy if you are in the click of "favorites". If you don't follow the new way, bye, bye, see you later. Reviews are really no longer based on your work but, on how many D&I sessions you attend. I'm all for Diversity and Inclusion but they shove it down your throats. Not a top 20 work place. They pretty much forced you to complete the form to submit the company to make this list. A few good ones on the executive management team. I'm glad I had one of the good ones. The executive team really needs to listen to everyone more, not just the choice few. My understanding is that a lot of people are leaving now. What does that tell you. Listen to all your employees. The people are too stressed out from working so much and not getting rewarded for doing a good job (the real workers, not the favorites. They reap the rewards of what the real workers do) Thank the good lord i'm gone from this place!!!!!!

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FHLBank Chicago Response
4y
We appreciate you sharing your comments regarding your experience. While Diversity, Equity and Inclusion is an important goal to the Bank, completing the DEI goal is only one component of our comprehensive performance management review process. It also includes personal performance based on evaluation and feedback from managers, team goals, and bank-wide goals. There are various avenues for employees to provide feedback, including designated HR Business Partners assigned to each business group, employee resource groups, working groups, or during team meetings. However, employees are not obligated to participate in any activity if they do not wish to do so; we only ask that employees be respectful and treat others fairly. There will always be room for improvement at any organization; however, it takes employees at all levels to provide input and identify areas for improvement. When employees make their concerns known, we listen and try to identify the best solutions for all parties.
5.0
Oct 5, 2021

FHLB Chicago engineering role

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It had a very good work environment

Cons

I don't know any cons

4.0
Oct 1, 2021

Good Benefits

Recommend
CEO approval
Business Outlook

Pros

Good healthcare options to choose

Cons

Technology is somewhat outdated for what is needed

Viewing 85 - 87 of 167 Reviews

Glassdoor has 194 FHLBank Chicago reviews submitted anonymously by FHLBank Chicago employees. Read employee reviews and ratings on Glassdoor to decide if FHLBank Chicago is right for you.